Inventory Procedures definition

Inventory Procedures shall have the meaning set forth in Section 2.10(a)(i).
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Inventory Procedures means the Inventory Procedures as set forth in Exhibit A hereto.
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Inventory Procedures shall have the meaning ascribed thereto in Section 3.3(a) hereof, and as contained in Exhibit 3.3 hereof.
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Examples of Inventory Procedures in a sentence

  • Except as set forth in Schedule 6.12, all Inventory consists of, and will at the Closing Date consist of, a quantity and quality usable and saleable in the ordinary course of business, except for obsolete items and items of below-standard quality, all of which shall be appropriately written-off or written down in accordance with the Inventory Procedures in the Post-Closing Statement of Net Current Asset Value.

  • Between the Closing Date and February 10, 1996, all inventory will be physically counted and a shrink adjustment calculated in accordance with the Warehouse Inventory Procedures and the Store Inventory Procedures described in Appendix C to Schedule 3.4B (the "Shrink Adjustment").

  • The term "Inventory Procedures" shall mean the Inventory Procedures as set forth in Exhibit A hereto.

  • Vendor agrees to comply with all the procedures set forth in Exhibit E ("Minimum Terms and Conditions") Exhibit F ("Inventory Procedures") and Exhibit G ("Security").

  • The Contractor shall provide a consignment inventory of frequently used and high dollar parts for warranty and non-warranty repairs according to the Consignment Inventory Procedures.

  • The Refinery Field Inspector shall issue a written report (the “Refinery Field Inspector Report”) to both MPC and NTI within fifteen (15) Business Days after the Closing Date in accordance with the procedures set forth in the Inventory Procedures.

  • The Inventory will be measured as of the Effective Time and calculated pursuant to the Inventory Procedures attached hereto as Exhibit 2.2(a) (the “Inventory Procedures”).

  • The Estimated Closing Adjustment Amounts for clauses (a) and (b) of this Section 2.5 shall be based on good faith estimates of related volumes at the Closing and prepared generally in accordance with the methodologies and procedures set forth on the Inventory Procedures Schedule.

  • For the avoidance of doubt, any objections or disputes with respect to the Closing Hydrocarbon Inventory Value shall be resolved pursuant to the procedures contained in the Inventory Procedures Schedule.

  • The Inventory will be valued and the Purchased Inventory will be paid for pursuant to the Inventory Procedures.


More Definitions of Inventory Procedures

Inventory Procedures means the methods, policies, principles, practices, bases, and procedures set forth in Schedule 2.4 and, with respect to Controlled Substances Inventory, Section 6.7.
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